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050121 EURUSD-Noon

by | Jan 5, 2021 | EUR/USD | 0 comments

GCMAsia-EURUSD
EURUSD
EURUSD
2021-01-05

EURUSD, H1: EURUSD was traded higher following prior breakout above the previous resistance level at 1.2260. MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher toward the resistance level at 1.2300.

 

Resistance level: 1.2300, 1.2325

Support level: 1.2260, 1.2205